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Old 10th March 2008, 01:31 PM   #1
DavidT2190
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Default Growth Cities

Iím a freelance writer for BusinessMart.com and FranchiseBuyersNetwork.com. Iím seeking opinions as to which markets and metropolitan areas are considered to be the growth areas of the next few years.

Most people I talk to are thinking that the Sun Belt (Florida, Atlanta, Carolinas, Texas, Arizona, Nevada, Utah) and the Pacific Coast (Los Angeles, San Francisco Bay Area, Portland, Seattle) will continue to lead the way. But recent travels and online newspaper and business magazine articles suggest that some Northeastern and Midwestern cities, including Boston, Philadelphia/South Jersey, Washington/Capital Beltway, Pittsburgh, Cleveland, Chicago, Milwaukee and Minneapolis/St. Paul might be part of the wave of the future.

Does anyone here have any thoughts on expanding this list, or perhaps narrowing it down?

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Old 10th March 2008, 02:26 PM   #2
Logan
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Welcome aboard

Just one mans opinion based on direct experiences -


Sun Belt
Florida - I've lived there. Sections are ok. but overall I believe on the way out. I don't think it will reach the level of a detroit but major issues such as real estate prices tanking, outrageous property taxes and very high if any available insurance rates are going to slow things in this area. Pockets will do well. (e.g. Naples/Fort Myers)

Atlanta - maybe

Carolinas - yes

Texas - haven't been lately to say, but hear great things. so probably yes w dfw, houston and austin in particular

Arizona - haven't been lately to say

Nevada - yes

Utah - maybe, but population may be limit

Pacific Coast

Los Angeles - haven't been lately to say

San Francisco Bay Area - yes. maybe also stretch as far to Sacramento

Portland - haven't been lately to say

Seattle - haven't been lately to say


Northeastern and Midwestern cities
Boston - haven't been lately to say
Philadelphia/South Jersey - haven't been lately to say
Washington/Capital Beltway - maybe with outter virginia area
Pittsburgh - haven't been lately to say but doubt it based on past experiences
Cleveland - no
Chicago - yes
Milwaukee - haven't been lately to say
Minneapolis/St. Paul - yes, good but a bit slower than others (more west vs stp)

Outside of those maybe the Colorado front range (Denver, Boulder, Ft Collins, Co Springs) is a consideration not listed

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Old 10th March 2008, 05:03 PM   #3
lithos
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Default Colorado?

I live here on the front range of Colorado and yes i think Logan is right. I am not sure the rate of growth in other areas. I am also aware that we are not really a metropolitan area. That said our real estate market has done quite well and we are still experiencing growth in the recent mortgage "situation". We have seen steady growth and good press with Fort Collins consistently rating high on lists of best places to live. We expect to continue our growth for the forseeable future.

That doesn't add much to the discussion but there it is.

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Old 10th March 2008, 05:10 PM   #4
Logan
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I don't know lithos. I have a place in both Colorado and Florida. I honestly believe Colorado is in a better situation for growth. Not the proverbial thought probably, but we'll see. At the same time, when you consider Miami, Orlando, Tampa ... Florida is probably currently ahead. I'm considering direction versus current state. In my opinion it is very hard to say that Florida is headed in a direction of "growth". I'm fairly certain colorado is based on what I witness.

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Old 10th March 2008, 07:38 PM   #5
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Allentown PA.

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Old 10th March 2008, 09:05 PM   #6
bdorland
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Well if global warming has anything to do with it, a lot of those cities are going to be under water soon...;o)

sorry...i couldn't resist.

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Old 11th March 2008, 07:12 AM   #7
DavidT2190
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Thanks for all the feedback!

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Old 13th March 2008, 04:13 PM   #8
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Hello

Welcome to the forum.

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